noco-noco accelerating battery energy storage deployment in Asia Pacific market.

From GlobeNewswire: 2024-08-19 09:10:00

1. noco-noco has signed an MOU with 3DOM and Tesnology to acquire a non-exclusive license for battery securitization systems in Asia Pacific, aiming to establish battery as a societal infrastructure.

2. Japan’s push for renewables and carbon neutrality has accelerated the growth of battery energy storage system market, with 3DOM and Tesnology leading in developing systems to monetize energy storage assets.

3. noco-noco plans to integrate their battery technology with IP on BESS securitization from 3DOM and Tesnology to drive BESS market deployment in Asia Pacific, initially focusing on stationary batteries in Japan.

4. noco-noco also announced an MOU with B2G Energies to deploy renewable energy projects across Asia Pacific (ex-Japan), aiming to accelerate the region’s transition to a low-carbon future.



Read more at GlobeNewswire: Accelerating the Global Deployment of Energy Storage